Question of the day
Sunday, May 29, 2011
* Scott Reeder is not happy that the pension bill excludes judges from paying higher contribution rates…
Illinois judges currently make less than most first year associates at big Chicago law firms. Most surrounding states like Iowa don’t have a wealthy big city like we do.
But that last line, about judges paying the same percentage as teachers, ignores the fact that judges currently pay 11 percent of their salaries toward their pensions, while teachers pay about 9 percent. A floor amendment which would include the judges requires them to pay 34 percent of their salaries to the pension fund, compared to 14 percent for teachers. And many teachers union locals have already negotiated away their currently required 9 percent contribution. The school districts pick up the whole tab.
Then again, I can see the point he makes. Let’s discuss.
* The Question: Should judges be included in the pension reform bill? Take the poll and then explain your answer in comments, please. Thanks.